Regular plans account for Rs 6,661 crore of the total SIFs AUM of Rs 13,584 crore, almost 49% of the total AUM.

Carnelian Mutual Fund is set to launch its maiden mutual fund scheme, Carnelian Liquid Fund, marking its entry into the ...

Kotak Mahindra AMC has launched the Kotak Multi Sector Omni Fund of Fund (FoF), an open-ended fund of funds scheme.

Axis Mutual Fund is to launch Axis Nifty500 Low Volatility 50 Index Fund. It is an open-ended index fund tracking the ...

However, the Rs 709.57 crore was not the amount paid to other insurers’ agents. ICICI Lombard acknowledged during the proceedings that around Rs 35-37 crore from this amount was paid to individual ...

AlphaGrep raises Rs. 200 crore through secured, redeemable NCDs. The NCDs offer a 10.5% annual coupon rate with a one-year tenure. The issue follows CRISIL’s upgrade of AlphaGrep’s credit rating to A+ ...

Apex SIF recorded the highest percentage growth at 1,659.88%, although this came on a low March-quarter base of Rs. 4.19 ...

The Dubai office will help the asset manager offer India-focused and global investment strategies to institutional and ...

Bajaj Asset Management believes India’s next phase of growth and wealth creation could increasingly be driven by long-term ...

The annual exercise is aimed at checking whether large MFDs follow proper business practices and investor-focused processes.